Black Spade Acquisition III Co, whose warrants trade on Nasdaq under the ticker BIII-WT, is a blank-check special purpose acquisition company sponsored by Black Spade Capital, a Hong Kong-based investment firm with a focus on technology, media, and entertainment sectors. The company completed its initial public offering in 2024 and filed its annual 10-K report with the SEC on March 6, 2026, indicating it remains in the target-search phase with no business combination announced. Black Spade Capital previously sponsored Black Spade Acquisition Co, which completed a merger with Vietnamese electric vehicle manufacturer VinFast Auto in 2023. For full filing history, warrant data, and deal-stage analytics on Black Spade Acquisition III Co, sign up for complete access at SpacDesk.